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Dec 6, 2012
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looks like the italian government is going to survive. you see italian stocks were down throughout the day. the problem about this, the structure of italian politics makes the country ungovernable. brian, there's 12 political parties in the chamber of deputies. that's the lower house. you get coalitions together and they routinely topple the governments. this has been a problem since world war ii. they've got to gig ofigure out better way to govern the country. >>> we've got huge volume today on apple. it will do 40 million shares, probably twice normal. it went positive earlier in the day on that very good news about doing some production of the mac in the u.s. >> they've got too many and maybe we have too few. somewhere in the middle is the answer. bob pisani, thank you. >>> your top stock story today is -- what else -- apple. it is making a small comeback after hitting a nine-month low earlier today but it's been a run to forget for one of the most owned stocks in the world. it's down 7% over the past week. here's your headline of the
looks like the italian government is going to survive. you see italian stocks were down throughout the day. the problem about this, the structure of italian politics makes the country ungovernable. brian, there's 12 political parties in the chamber of deputies. that's the lower house. you get coalitions together and they routinely topple the governments. this has been a problem since world war ii. they've got to gig ofigure out better way to govern the country. >>> we've got huge...
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Dec 7, 2012
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we have to pay for all this government. the big mistake is growing government. >> although there's a room for balance, i don't say peter's wrong entirely, the fact of the matter is the top 2% are not paying their fair share. american people don't think so. the numbers don't add up. if you want a deal here, you're going to have to raise the rates and then if you want to talk about spending cuts, as i think the president will eventually do, you'll see a last-minute agreement. >> first of all, i'm in the top 2%. i'm paying 45% of my total income in income tacks boxes to state of connecticut and the government. >> you need a better accountant, peter. >> more than half of my income is going to go to the government. you tell me, what's fair about that? >> i'll tell you what's fair about that -- >> i'm paying half. excuse me. i don't care what the majority voted to do. they don't have a right to steal my money just because they vote for it. >> i'll tell you what the problem is. we're in a crisis. we're in a crisis caused by the bu
we have to pay for all this government. the big mistake is growing government. >> although there's a room for balance, i don't say peter's wrong entirely, the fact of the matter is the top 2% are not paying their fair share. american people don't think so. the numbers don't add up. if you want a deal here, you're going to have to raise the rates and then if you want to talk about spending cuts, as i think the president will eventually do, you'll see a last-minute agreement. >> first...
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Dec 5, 2012
12/12
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the government struggled to fill that hole. the lesson here is that tax changes create huge spikes and crashes in revenue. now if governments understood this, we could plan for it but so far, brian, there is no evidence that governments, either state or federal, have learned this lesson. >> why is this so hard for us to figure out? you just laid it out. we've been here before. >> we've been here before. we've been here every decade we get to this point where we have this sudden artificial explosion in revenues whether from the market or tax havens. when governments get money they like to spend it. they like to pretend it is the new normal and they can budget along those lines but the temptation is to spend that money and budget around it. then suddenly we have 2013. >> remember world war i? >> i do remember. that was a rough time. >> they said there will never be another war like that? what happened, like 22 years later? we are doomed to repeat the same mistakes. >> we'll have this interview. we can go back next year and say we
the government struggled to fill that hole. the lesson here is that tax changes create huge spikes and crashes in revenue. now if governments understood this, we could plan for it but so far, brian, there is no evidence that governments, either state or federal, have learned this lesson. >> why is this so hard for us to figure out? you just laid it out. we've been here before. >> we've been here before. we've been here every decade we get to this point where we have this sudden...
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Nov 30, 2012
11/12
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it's the same government. they've chosen to raise revenues with a flat tax rather than an income tax. >> so would you support a bumper sticker that says "blame your governor, not your president"? >> i'm not here to run campaigns. i'm just here to put out the information. people who are concerned about it ought to be thinking about the state and local level. a lot of the trend is happening there. >> it was a thought-provoking article. thank you very much for joining us. >>> on the issue of those proposed tax hikes, one freshman republican is taking a big back pedal on signing grover norquist's tax pledge. see, when representative chris gibson took over in 2010 as a candidate t his new york congressional district was the 20th. he signed it. but now through redistricting, he represents the 19th district instead. he's saying his signature on that doesn't hold water because he changed districts. turns out grover norquist is not buying that. a line in the pledge states, it's made to the american people to avoid that
it's the same government. they've chosen to raise revenues with a flat tax rather than an income tax. >> so would you support a bumper sticker that says "blame your governor, not your president"? >> i'm not here to run campaigns. i'm just here to put out the information. people who are concerned about it ought to be thinking about the state and local level. a lot of the trend is happening there. >> it was a thought-provoking article. thank you very much for joining...
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Dec 4, 2012
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>> for the government, the biggest impact n 1986, we'd similar thing, capital gains went from 20% to 28%. what happened is capital gains collections doubled in 1986 and then fell by half the following year, we can expect our government will have more than expected tax revenues this year and next year, when taxes go up, everyone will say, see, the tax hikes didn't work, we actually collected less revenue. and so the danger is we build program of this year's revenue, forecast base on this year's tax revenue and fall short next year. it could impact spending this money is not out there not generating jobs, not buying things or, you know, building things. >> got leave it there great stuff as always. thanks very much. >>> coming up next, flu fears starting early this year. why this flu season could be the worst in years. >>> and later on, iran stays shot down an american drone. the navy says no you didn't. either way, our own phil lebeau has firsthand experience with a small drone playing a big role in this latest skirmish. icans be in charge of their own future. how they'll live tomorrow
>> for the government, the biggest impact n 1986, we'd similar thing, capital gains went from 20% to 28%. what happened is capital gains collections doubled in 1986 and then fell by half the following year, we can expect our government will have more than expected tax revenues this year and next year, when taxes go up, everyone will say, see, the tax hikes didn't work, we actually collected less revenue. and so the danger is we build program of this year's revenue, forecast base on this...
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Dec 2, 2012
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and previous governments have tried, with the fatah and with mr. abu mazen in twooi2008 received the generous offer from the prime minister, and he just refused it and didn't have the decency to have a counter offerer. when net tanyahu came into offi and tried to negotiate for peace, the palestinians again didn't come to the table and found for pretexts to attack us both politically and legally. this is not the way to move forward. >> that is israel's deputy minister of foreign affairs. well, they're real life heroes, people like this one, who helps poor people around the world. we'll get you ready for tonight's hero awards. >>> and this proves you should never, ever get up, a dog and his owner reunited after seven years apart. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000
and previous governments have tried, with the fatah and with mr. abu mazen in twooi2008 received the generous offer from the prime minister, and he just refused it and didn't have the decency to have a counter offerer. when net tanyahu came into offi and tried to negotiate for peace, the palestinians again didn't come to the table and found for pretexts to attack us both politically and legally. this is not the way to move forward. >> that is israel's deputy minister of foreign affairs....
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Dec 6, 2012
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government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating place to exist, day in and day out? >> i would say to you, i saw the article that you wrote earlier today, governors do -- who are used to having their own planes and flying around their states and controlling their own schedules do find it more challenging in the senate. i came from the state senate in wyoming. i enjoyed the opportunity to work with people on both side of the aisle to discuss the issues and continue to try to move proposals forward that i believe in about. i believe this is a place where you can
government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating...
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Nov 30, 2012
11/12
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it was a lot of government spending and a lot of other things. second, i think the market is looking forward at a weak fourth quarter number. >> where is bianco research with regard to estimates for fourth quarter growth? >> we were two before sandy and now well under two with sandy and if we get no fiscal cliff deal or kind of a milk toast deal i think we'll stay at those sub par numbers in the 2013. >> even without sandy you didn't think it would be much above 2%. >> right. i'm in the camp the economy is still struggling along. not a recession but not doing very good. >> let's switch gears. there have been many articles out. you always point them out to me. the world's been bearish from treasuries and the world of economists and analysts for years now and they've been wrong. what do you think at this point? >> same thing. bloomberg does a survey of about 80 or 90 economists a month. >> i don't know who they are. >> i've heard of that. 95% of them in the last survey said rates would be high inner six months. you know what? that's been what they'
it was a lot of government spending and a lot of other things. second, i think the market is looking forward at a weak fourth quarter number. >> where is bianco research with regard to estimates for fourth quarter growth? >> we were two before sandy and now well under two with sandy and if we get no fiscal cliff deal or kind of a milk toast deal i think we'll stay at those sub par numbers in the 2013. >> even without sandy you didn't think it would be much above 2%. >>...
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Dec 7, 2012
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>> i think the elections have cons 0 againsts and the electorate has chosen divided government. they expect compromise and expect it from both sides. i don't think republicans should move on tax increases without significant movement on entitlements. >> you want to get something in return but go ahead and offer it. and right now they're not offering it. >> in order to get something done, people expect to get something done. both sides have to come to the middle. elections have consequences. both sides are going to have to give. right now i think you need to see significant reform on entitlements. >> maggie, who should own the entitlement plan, though? i do feel like we are -- we know a plan will get done, right? there's a small deal that punts us and we have the debt ceiling, or there is the big deal that maybe actually provides some relief. the big deal, who should open the entitlement? you do it, mrmt. and they're going, whoa, whoa, whoa, i'm not having this fight with my own base. >> i think that's the problem, right? in terms of who should own it. neither side, and i think t
>> i think the elections have cons 0 againsts and the electorate has chosen divided government. they expect compromise and expect it from both sides. i don't think republicans should move on tax increases without significant movement on entitlements. >> you want to get something in return but go ahead and offer it. and right now they're not offering it. >> in order to get something done, people expect to get something done. both sides have to come to the middle. elections have...
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Dec 7, 2012
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it is important to note no fund governmenting is behind it. >> this is a totally private sector effort to start-up america partners. the jobs act passed by partisan support and the need for bipartisan support around high-skilled immigration in particularpy half of the people coming to our universities for advanced degrees, ph.ds and masters are from other countries but all too often once we give them degrees we kick them out of the country and force them back to their country and they start companies there that compete with companies here. that's a big focus in washington and hopefully there will be broad bisupport when the congress reassembles in jn after they get through the whole fiscal cliff issue and focus on making sure we have the right entrepreneur policies so we can remain the world's most trurl nation. that's what will drive economic growth up from 2%, driving unemployment down from 8% or so. that will ensure our competitiveness in what's now a more competitive world. we have to double down on entrepreneurs. it is the secret sauce that's built the american economy. >> what ab
it is important to note no fund governmenting is behind it. >> this is a totally private sector effort to start-up america partners. the jobs act passed by partisan support and the need for bipartisan support around high-skilled immigration in particularpy half of the people coming to our universities for advanced degrees, ph.ds and masters are from other countries but all too often once we give them degrees we kick them out of the country and force them back to their country and they...
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Dec 4, 2012
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the government doesn't help. you can own pieces of silver and pieces of gold. >> do you have some on you right now? >> no, i don't. i have it buried in the backyard. i have it in a vault. never bury your gold in the backyard. >> i'll remember that. thank you for that advice. >> first we have to get backyard. >> el paso electric company celebrating tenth anniversary. yit celebrating its 100th anniversary. want to go straight to mary thompson with breaking news out of fdic. >> this is the fdic's third quarter breaking profile looking at how banks performed in the third quarter. profits for insured institutions rising to best levels in six years in the third quarter. higher profits driven by higher revenue and lower loan loss provisions. the company's third quarter operating revenue increased by 3% in the last quarter and that's a positive sign. it was the first time for the world's largest revenue that banks posted in three years. loan balances increased. it was slightly less than in the second quarter. we should a
the government doesn't help. you can own pieces of silver and pieces of gold. >> do you have some on you right now? >> no, i don't. i have it buried in the backyard. i have it in a vault. never bury your gold in the backyard. >> i'll remember that. thank you for that advice. >> first we have to get backyard. >> el paso electric company celebrating tenth anniversary. yit celebrating its 100th anniversary. want to go straight to mary thompson with breaking news out...
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government. in the event of a nuclear attack. so nuclear attack, your doomsday happens then you've got your doomsday plan to try to survive it. in 2005, congress passed another doomsday plan meant to ensure the house could function in the aftermath of a terrorist attack that killed or incapacitated most of its members. the rule they passed in the house states that under, "catastrophic circumstances a form would not require 218 congressmen as it does now. rather the house could operate with whoever happened to be around. so, again, you have a terrorist attack, your doomsday scenario, then there's this plan to help you survive it. that is what a doomsday plan usually is. this week, washington is really into another so-called doomsday plan. but it's a weird kind of doomsday plan. it's not a plan meant to save the country in the event of doomsday. it is a plan meant to create a doomsday scenario in the event that republicans have to compromise on tax rates. on monday, abc's jonathan carl explained how it worked. he said "republicans
government. in the event of a nuclear attack. so nuclear attack, your doomsday happens then you've got your doomsday plan to try to survive it. in 2005, congress passed another doomsday plan meant to ensure the house could function in the aftermath of a terrorist attack that killed or incapacitated most of its members. the rule they passed in the house states that under, "catastrophic circumstances a form would not require 218 congressmen as it does now. rather the house could operate with...
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Nov 29, 2012
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government knocking on this door? >> it is not easy to come forward and stand up and tell the truth but it is the right thing to do. >> their case set for trial later this year. >> drew, is theresy chance that the company settle the case and put the allegations behind them? >> you know the attorney for the company couldn't rule that out. but insists this time the company is going to fight the allegations. that is the bread and butter for the $7 billion business. more than 2/3 of the company's revenue comes from treating patients on medicare and medicaid. the company will make sure that it has that contract in place. even with that money at stake, why isn't the government's own l lawyers taking up the case? >> where are the government's lay lawyers? >> i don't know? congress has set aside more than $600 million. but the u.s. attorney has decided not to intervene. does that mean that she thinks that this is a bad case? all we can tell you is that in a letter the u.s. attorney stated that a reminder, that if these two gu
government knocking on this door? >> it is not easy to come forward and stand up and tell the truth but it is the right thing to do. >> their case set for trial later this year. >> drew, is theresy chance that the company settle the case and put the allegations behind them? >> you know the attorney for the company couldn't rule that out. but insists this time the company is going to fight the allegations. that is the bread and butter for the $7 billion business. more...
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>> the government does not need any more money, the country needs less government. neil: what do you think with what john boehner has come up with? that was his opening offer. >> it makes no sense to negotiate with ours when a president has not put a serious offer on the table. we need to remind americans, we do not need to take more money from the economy and give it to incomincompetent politicians and bureaucrats, we're not talking about revenue problem, we have doubled our spending but they' more money, and they want republicans to vote to pay for obama's welfare state, we did not vote for it. neil: you would not -- you would not support a hike in taxes in anyway shape or form? >> no but we will get more revenue if we reform our tax code and a pro-growth way, 3/10 of 1% will generate more revenue than what president obama is taxing about what he says tax the rich, his proposal does not add a drop in the buckie on the our problem. this is not a plan or a solution, this is a political trophy, to the left. and republicans should not go along with it. neil: you know,
>> the government does not need any more money, the country needs less government. neil: what do you think with what john boehner has come up with? that was his opening offer. >> it makes no sense to negotiate with ours when a president has not put a serious offer on the table. we need to remind americans, we do not need to take more money from the economy and give it to incomincompetent politicians and bureaucrats, we're not talking about revenue problem, we have doubled our...
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Dec 5, 2012
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it is not just the government saves money, other people, those seniors are going to pay to be in those exchanges. >> there's no free lunch. >> nothing. >> i think there is good news that with this administration we don't have to worry about having another debate about privatizing social security. you and i, bob, are probably not going to get social security at 65 anyway because that age is already going up. this is not a big problem for our economy. medicaid and medicare are much bigger problems. we can raise it or also increase the tax on people who make over $106,000. >> listen be, coffee lovers. try not to choke on that peppermint mocha latte. we'll tell you about that new $450 starbucks gift card, entirely made of steel. someone down here said it probably should be made of gold given that price. would you ever consider giving that as a gift or buying something like that? >> i've paid up for premium services, v.i.p. tickets at conferences -- concerts. there's a market for v.i.p. services. remember the platinum card? 10 or 12 years ago, platinum card wasn't good enough for the world.
it is not just the government saves money, other people, those seniors are going to pay to be in those exchanges. >> there's no free lunch. >> nothing. >> i think there is good news that with this administration we don't have to worry about having another debate about privatizing social security. you and i, bob, are probably not going to get social security at 65 anyway because that age is already going up. this is not a big problem for our economy. medicaid and medicare are...
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Nov 29, 2012
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in this one area, it seems like our state governments and utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out any infrastructure and a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> how should of pleasure. >>> pending home sales rose to a five-year high today, but which stock should you moved into is it as the foundation for growth and housing becomes more secure. tonight it's an open house for three potential plays on a real estate rebound. which one should you put an offer out on? with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in you
in this one area, it seems like our state governments and utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out any infrastructure and a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> how should of pleasure. >>> pending home sales rose to a five-year high today, but which stock should you moved into is it as the foundation for growth...
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Dec 7, 2012
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that government can't count the amount of workers in government is a little bit beyond the pale and maybe -- >> revised it down? >> from minus 13 to minus 51. i don't know what you call it, 38,000 downward revision. and they revised up the private sector in the month of october, so that was good. the other thing it's very hard for me to believe here that there is not a sandy effect in that i see a minus 22 and a minus 20 on construction. mark, would you just chime in on that? i mean, i guess what -- even if hampton is still there, i don't know, they said no sandy effect, but i'm seeing a minus 42,000 on construction and goods producing. how can that not be? >> no. i think that's some of the sandy effect coming through. with katrina what the bls did is they made some adjustments for the fact that they got a lot fewer respondents from the people who were affected by the storm and my guess is this go-around they decided no to the do that for whatever reason, wait for other data to come in. once we get that data coming in, they will revise down. what you're seeing in the construction jo
that government can't count the amount of workers in government is a little bit beyond the pale and maybe -- >> revised it down? >> from minus 13 to minus 51. i don't know what you call it, 38,000 downward revision. and they revised up the private sector in the month of october, so that was good. the other thing it's very hard for me to believe here that there is not a sandy effect in that i see a minus 22 and a minus 20 on construction. mark, would you just chime in on that? i...
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Dec 4, 2012
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you say i have come to the conclusion most of the mock horror comes in the dilution that government should be handled more like a business. the clear basis for almost all of the anguish and garment rending inside the beltway. it's like you say, this is sort of impolite of the president. >> exactly. look at the lineup on david gregory's show. there hasn't been a single labor leader for two weeks now. >> stephanie: right. >> bob corker and lindsay graham, both of whom enjoys a government-run single health payer system graham enjoys two of them, say if we don't slash medicare we're going to end up like greece. well, that's just stupid. >> stephanie: yeah. but you know this is what i have been talking about all morning. and i couldn't stop playing that clip for you from david gregory. sunday after the election should the president bring in mitt romney to negotiate the fiscal cliff. maybe the fact that grover norquist has a seat at the table, as if he won this election. >> i can see putting him in there, but the party is at least pretending to run away from him right now. >> stephanie: right. >
you say i have come to the conclusion most of the mock horror comes in the dilution that government should be handled more like a business. the clear basis for almost all of the anguish and garment rending inside the beltway. it's like you say, this is sort of impolite of the president. >> exactly. look at the lineup on david gregory's show. there hasn't been a single labor leader for two weeks now. >> stephanie: right. >> bob corker and lindsay graham, both of whom enjoys a...
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very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, uncompromising service. didn't have to read between the lines too much to see there's a backhanded compliment. >> dana, what about bigger picture here and talking about the republican party aenl just talking about folks like ryan and rubio, let's say, part of maybe the next generation republicans. do you think that demint's brand of republicanism is falling out of favor with sort of the newer version of what the republican party is try
very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you...
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>> i believe government is here to fix our streets, roads, and protect us, but they don't need to protect people from their jobs. >> three cheers for her. you at home who understand it's freedom, not central planning that gives us better lives, that's our show. thanks for watching, i'm john stossel. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop
>> i believe government is here to fix our streets, roads, and protect us, but they don't need to protect people from their jobs. >> three cheers for her. you at home who understand it's freedom, not central planning that gives us better lives, that's our show. thanks for watching, i'm john stossel. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the...
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Dec 7, 2012
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it is unreasonable tt expect politicians to get us out of thhs mess before the government decides to go after & aalofty goal such as olving the fiscal cliff, it should focus on reachinggsome more cooplex tax reform and entitlement restructuuing. greece and he rest of the european unnon have dealt with many euro members impending default for several ears. it is hubrii for the us government to think they can &psolveetheee problees within are basking n sshadenfreude resolvv uufunded benefits of our weetern european welfare state.for more on this story &pvisit behind the headlines dd net. and follow us twitter and pacebook.im armstrong williams. 3 3 3 3 3 -tease countdown
it is unreasonable tt expect politicians to get us out of thhs mess before the government decides to go after & aalofty goal such as olving the fiscal cliff, it should focus on reachinggsome more cooplex tax reform and entitlement restructuuing. greece and he rest of the european unnon have dealt with many euro members impending default for several ears. it is hubrii for the us government to think they can &psolveetheee problees within are basking n sshadenfreude resolvv uufunded...
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Dec 5, 2012
12/12
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you start at government spending. you don't immediately start spending another 50 billion in stimulus. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the spending right now is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, what it added the our entitlement is 12 trillion. just that we did in the
you start at government spending. you don't immediately start spending another 50 billion in stimulus. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see...
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mcafee claims the bolivian government is on a witch hunt and has wrongfully charged him with a string of crimes. >>> hunters in iowa found two bodies that may belong to two young cousins that have been missing for months. investigators later found only their bicycles and a pink purse nearby the place they were last seen. the bodies are being sent to the state's medical examiner's office. >>> a handyman was kidnapped and forced to do repairs. the kidnappers made him fix this washer and a broken door. detectives say they were unhappy for the work he did for the husband's mother two movements earlier. >>> taking an estrogen-blocking drug for long periods of time may prevent breast cancer from coming back. parents who took tomoxofin cut the recurrence 21%. it lowered the risk of dying from the cancer by 29%. previous research showed taking the drug for more than 5 years were harmful. >>> a prank caller posing as the queen tries to trick a hospital into giving out information about kate middleton, and hospital nurses fall for the whole thing. mary bubala has the entire phone call that dupe
mcafee claims the bolivian government is on a witch hunt and has wrongfully charged him with a string of crimes. >>> hunters in iowa found two bodies that may belong to two young cousins that have been missing for months. investigators later found only their bicycles and a pink purse nearby the place they were last seen. the bodies are being sent to the state's medical examiner's office. >>> a handyman was kidnapped and forced to do repairs. the kidnappers made him fix this...
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the government say we're all in this together they say there's a big society but when you look at it there's one rule for the average man in the man or woman in the street there's a totally different system for those people who have billions and billions of pounds like philip green unlikely the other big corporations well let's talk about starbucks for a second because starbucks again it was the target of a campaign five or six years ago by reverend billy was in london with a major campaign it didn't really gain much traction but now u.k. uncut as got starbucks coughing up some more taxes and in fact. they just two weeks ago were saying that well we're not going to pay more taxes but you can't get is applying some pressure and now they are going to be paying taxes and there's a big campaign coming up december eighth write another and another big part of this campaign talk about the starbucks campaign and what's what's happening coming up in early december sure so when we found out it was. a reuters report that kind of exposed starbucks practices when we heard about that we thought. t
the government say we're all in this together they say there's a big society but when you look at it there's one rule for the average man in the man or woman in the street there's a totally different system for those people who have billions and billions of pounds like philip green unlikely the other big corporations well let's talk about starbucks for a second because starbucks again it was the target of a campaign five or six years ago by reverend billy was in london with a major campaign it...
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the gadgets and everything but if we actually applied these basic near imperial principles to social governance we would end up with a completely new social order you can call it a natural law resource based economy basically taking this construct of what are works like an airplane that flies we build society like an airplane as an engineer type of concept and there's really no other way we live in an arche system that's the best way to describe that we we live in a system where each individual is given this bizarre power to make their own decisions under the assumption that in concert all the whole of society is going to work out for itself provably false that's why you have one percent of the population owning forty percent of the planet's wealth because the value system disorder the psychology generated by the system completely disallow any type of balance to occur in a structural sense so sustainability and public health these issues are thrown out the window in this model not only because of the values you don't know and people's fear but because the very system itself keeps compounding th
the gadgets and everything but if we actually applied these basic near imperial principles to social governance we would end up with a completely new social order you can call it a natural law resource based economy basically taking this construct of what are works like an airplane that flies we build society like an airplane as an engineer type of concept and there's really no other way we live in an arche system that's the best way to describe that we we live in a system where each individual...
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and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning yet. >> the president of the united states made it clear there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using chemical weapons on their own people. lou: neither the white house or pentagon elaborating on what the cons -- consequences would be, but having russia back them would be a determined outcome made by the promise of president obama in dealing with russia after winning a second term as he remarked to the russian president thinking they were off micro
and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems...
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it is a government program. >> what do you say to that? >> here is the facts that lotteries and states begin to do lotteries because people have a desire. we do $68 million in fiscal year 12. that is more than the movie and music history combined. the integrity is above reproach. but if we didn't have it. people are going to find ways to gain but they are going to do it illegally. that was the problem with the games. as you look at the future and the things that are going on with that. that is important. oversight to make sure you have things that you don't over look. >> thank you for joining me. i have to take a break now. >> when we come back we'll get to dave ramsey. also the fiscal cliff. like a lot of things, trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that
it is a government program. >> what do you say to that? >> here is the facts that lotteries and states begin to do lotteries because people have a desire. we do $68 million in fiscal year 12. that is more than the movie and music history combined. the integrity is above reproach. but if we didn't have it. people are going to find ways to gain but they are going to do it illegally. that was the problem with the games. as you look at the future and the things that are going on with...
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Nov 30, 2012
11/12
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i call this storm a wake-up call to government officials and the utilities they regulate all over this country to finally start fixing our aging infrastructure. it's not just that the storm knocked out power in the northeast. one of the reasons why it took days or even weeks for people in new york or new jersey to get electricity back is because our grid is outdated. did you know that 30% of our infrastructure is already approaching the end of its usefulness?. another 30% is approaching the end of its usefulness. this equipment should have been replaced ages ago. one of the reasons why you're disgusted in the northeast about what happened, and you have right to be. after sandy i think we'll finally start tackling this issue and start taking it seriously. one of the reasons is our lousy electrical grid is also a security threat. heaven forbid a terrorist wanted to do some damage. all they would have to do is knock out a couple power substations, which are generally only protected by chain-link fence. one substation knocked out all of lower manhattan. take a look at this clip. doesn't th
i call this storm a wake-up call to government officials and the utilities they regulate all over this country to finally start fixing our aging infrastructure. it's not just that the storm knocked out power in the northeast. one of the reasons why it took days or even weeks for people in new york or new jersey to get electricity back is because our grid is outdated. did you know that 30% of our infrastructure is already approaching the end of its usefulness?. another 30% is approaching the end...
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Dec 6, 2012
12/12
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it's not just about paying some government to have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufrane that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so great if we could only get beyond the stupid politically created crisis? let's go over the reasons. first, in terms of how well we could be doing, think about this. the barely capitalist don't innocent that is europe has settled down into some sort of permanent no-growth mode and yet almost every one of the stock markets is doing better than ours. come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were about to have an explosion in earnings. retail was stronger t
it's not just about paying some government to have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufrane that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so great if we could only get beyond the stupid politically created crisis? let's go over the reasons. first, in terms of...
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Dec 4, 2012
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government that use drones. so i think that's a fairly narrow denial, and, listen, i don't buy a lot of what i hear and read on iranian -- in the iranian state media. some of it is pretty crazy stuff. on the other hand, it's perfectly plausible this has happened. it's happened at least twice before. in october iran tried to shoot down a drone. they captured a cia drone about a year ago. one of the lessons here, one of the things the viewers should conclude from this is iran is the most watched country in the world. the u.s. has satellite intelligence, drone intelligence, human intelligence. israel, saudi arabia, russia, everyone watches iran, and that's an important conclusion to keep in mind. >> so, jim, if it isn't, in fact, our drone and our story is the truth, it's clearly a mystery to us as well whos, who might be flying drones out there? >> pretty etch everyone at this point is flying drones. iran has a lot of countries that don't like it in the region. then there are israel obviously has drones and, in fa
government that use drones. so i think that's a fairly narrow denial, and, listen, i don't buy a lot of what i hear and read on iranian -- in the iranian state media. some of it is pretty crazy stuff. on the other hand, it's perfectly plausible this has happened. it's happened at least twice before. in october iran tried to shoot down a drone. they captured a cia drone about a year ago. one of the lessons here, one of the things the viewers should conclude from this is iran is the most watched...
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Dec 1, 2012
12/12
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government once considered it. cnn has documents and interviewed the leader of a once secret air force project titled a study of lunar research flights, with a just as low brow nickname, project a-119. what was it really? >> to evaluate the value of putting a small, emphasize small in this world anyhow, nuclear explosion on the moon. >> reporter: physicist leonard rifle, now 85 years old, led the project in 1958. it was the height of the cold war. america and the soviet union were in a nuclear arms race. the soviets 4 h just launched the first satellite, sputnik, and were ahead in the space race. u.s. officials needed a big splash. >> in comparison, the united states feared -- was feared to be looking puny, so this was a concept to sort of reassure people that the united states could maintain a mutually assured deterrence and therefore avoid any huge conflagration on earth. >> reporter: according to rifle's declassified report on the project, team leaders also thought they could get information concerning the capab
government once considered it. cnn has documents and interviewed the leader of a once secret air force project titled a study of lunar research flights, with a just as low brow nickname, project a-119. what was it really? >> to evaluate the value of putting a small, emphasize small in this world anyhow, nuclear explosion on the moon. >> reporter: physicist leonard rifle, now 85 years old, led the project in 1958. it was the height of the cold war. america and the soviet union were...
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Dec 5, 2012
12/12
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but that's not the way government works. they get briefed on economic stuff one minute and they run into a meeting and get briefed on the mating habits of a spotted owl or some other cause that they'll be asked to vote on later in the day, too. it's just the way our government works. >> whatever happens, we'll probably get some tax changes here, which investors are going to matter. which ones are the standout and how much time have you got to deal with it? >> well, there are a lot of them, the standouts. the biggest ones are the dividend and capital gains. companies are borrowing money to jam money out the door in special dividends to beat the deadline. so anyone that says the tax policy doesn't matter as it relates to economic conditions is really out of their mind. it really does make a difference. so i think when you look at dividends, capital gains, i think individuals for the last minute is when so many things get done, the article that i wrote for cnbc.com talks about the power of the last minute. if you've been procra
but that's not the way government works. they get briefed on economic stuff one minute and they run into a meeting and get briefed on the mating habits of a spotted owl or some other cause that they'll be asked to vote on later in the day, too. it's just the way our government works. >> whatever happens, we'll probably get some tax changes here, which investors are going to matter. which ones are the standout and how much time have you got to deal with it? >> well, there are a lot...
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Dec 5, 2012
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we can bring this government under control through spending reductions. certainly, if taxes are raised, they should be done in a way that's most beneficial or least damaging to the viability of our economy. >> yeah. i got to tell you, after listening to that interview, i feel pretty confident that we're going over the cliff. are we going to go over the cliff, senator? >> we should not go over the cliff. we should have been working on this all year, not waiting until the last minute. the reason we're not making progress, let me tell you -- and i've been consistent on this. they're bringing these numbers up in secret. if they were laid out in public so the american people knew just how much taxes they were increasing, just how little spending reductions -- or how much increases in spending. as a political mover, very effective at being able to hide the net impact of his plan and ride this general good feeling of his election. it's not a healthy situation politically. we've got to do the right thing for the country. >> all right, senator. i was really struck
we can bring this government under control through spending reductions. certainly, if taxes are raised, they should be done in a way that's most beneficial or least damaging to the viability of our economy. >> yeah. i got to tell you, after listening to that interview, i feel pretty confident that we're going over the cliff. are we going to go over the cliff, senator? >> we should not go over the cliff. we should have been working on this all year, not waiting until the last minute....
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Dec 7, 2012
12/12
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here's what we don't to have look forward to, the federal government's response. the u.s. attorney in seattle put out this: >> cenk: way to change with the times. of course, all the conservatives who want to crack down on pot are the same guys, state's rights oh, you want to smoke pot, you don't have a right to do that. one of the concerns is how about d.u.i.'s and how will these new laws affect that. >> you want to know why i pulled you over? littering and smoking the reefer. >> driving while high. more drivers are toking up. yet studies in this shows too much marijuana affects coordination and judgment. >> one of the first and important being the reduced ability to divide one's attention. >> marijuana advocates say it is less debilitating than alcohol. some say those who drive within three hours of smoking possibility are twice as likely to cause a crash. >> cenk: the seattle police department put out a picket with some words on it that might be very clear as to what their in tent is for their citizens and police officers. the dude abides. welcome to a new america. i lov
here's what we don't to have look forward to, the federal government's response. the u.s. attorney in seattle put out this: >> cenk: way to change with the times. of course, all the conservatives who want to crack down on pot are the same guys, state's rights oh, you want to smoke pot, you don't have a right to do that. one of the concerns is how about d.u.i.'s and how will these new laws affect that. >> you want to know why i pulled you over? littering and smoking the reefer....
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Dec 6, 2012
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the government finds exporting it is better than keeping it here at home. >> apple as we mentioned in the spotlight today, shares of the tech giant coming off their worst day in four years, sliding back into bear market territory. the one day loss erased nearly $35 billion in market cap. that chunk is bigger than 400 other s&p 500 companies. apple ceo tim cook talked to nbc's brian williams in our rock center exclusive. >> why can't you be a made in america company? >> you know, this i found, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states, next year, we will do one of our existing mac lines in the united states. >> you can see the entire interview with tim cook tonight on rock center, that's 10:00 eastern time on your local nbc station, but for now investors are watching the market. apple shares 5.31, which is close to the main lows. this is close t
the government finds exporting it is better than keeping it here at home. >> apple as we mentioned in the spotlight today, shares of the tech giant coming off their worst day in four years, sliding back into bear market territory. the one day loss erased nearly $35 billion in market cap. that chunk is bigger than 400 other s&p 500 companies. apple ceo tim cook talked to nbc's brian williams in our rock center exclusive. >> why can't you be a made in america company? >> you...
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wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with spending cuts but the republican controlled house says the president has not responded to their latest proposal. >> i think we made a good-faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue and frankly it was the balanced approach mr. president has been asking for. erick kanter announced today there will be no adjournment into a credible solution to the fiscal cliff is found. >> house lawmakers proposed a bill today they claim will bring the costs under control and provide a safe retirement, it creates two groups of public employees those hired before 2011 and those hired since then and for those hired before 2011 there receive their cost-of- living increases only applied to the first $25,000 of their pension and they will have to contribute more up to 2%. and it is now up to lawmakers to approve a measure that will allow undocumented immigrants in illinois to rece
wants to raise taxes on the top 2 percent of income earners and he believes this will help raise the government's 16 trillion dollar debt coupled with spending cuts but the republican controlled house says the president has not responded to their latest proposal. >> i think we made a good-faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue and frankly it was the balanced approach mr. president has been...
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Dec 6, 2012
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syria's government might be on the verge of using chemical weapons. would the united states be forced to intervene? general jack keane is live on that next. martha: how about this harrowing standoff. we are going to tell you about the chaotic end to this potentially very dangerous situation. we'll be right back. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like ourender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment
syria's government might be on the verge of using chemical weapons. would the united states be forced to intervene? general jack keane is live on that next. martha: how about this harrowing standoff. we are going to tell you about the chaotic end to this potentially very dangerous situation. we'll be right back. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like ourender snow crab paired with savory garlic shrimp. just $12.99. come into red...
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Dec 7, 2012
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government can take. i think this is -- this does present some serious challenges for the federal government. i think that's the reason why you have yet to hear what the department of justice is going to do. obviously, i -- my understanding is that under the regulatory scheme there in washington state, they have a year to put in place a regulation with respect to licensing and taxing of these kinds of sales and i think that what the department of justice is doing is evaluating what is the best way, what's the best course of action moving poured. >> i'm so interested to hear you say, you know, as a conservative, who -- who appreciates state rights, i just -- would like you to weigh in on whether you think that the federal government should get involved and perhaps trump the rights of those states in what those voters have enacted. as a conservative who believes in state rights but perhaps says the conservative who may not appreciate the legalization of marijuana, what do you think should happen? >> well, f
government can take. i think this is -- this does present some serious challenges for the federal government. i think that's the reason why you have yet to hear what the department of justice is going to do. obviously, i -- my understanding is that under the regulatory scheme there in washington state, they have a year to put in place a regulation with respect to licensing and taxing of these kinds of sales and i think that what the department of justice is doing is evaluating what is the best...